It has been an eventful few months for RCI going back to early October with the CRTC wholesale tariff decision, CEO departure, macro-related fund flows post the US election and finally, the write-down of RCI’s IPTV initiative. The investor sentiment has been poor but we think the share price under-performance has created a buying opportunity. We believe valuation is attractive with several catalysts including: results showing operating momentum despite the current CEO transition, lower capex supporting FCF, new CEO with a proven record starting mid-year, positive read across from Shaw’s X1 deployment, and in 9-12 months, possible reinstatement of dividend growth.
The value of wealth management advice can be measured in several ways.
The performance of your portfolio is one. Building a comprehensive wealth management plan is another.
Annual returns are a straightforward way to think about value. But how do you quantify the time and resources we at The Ritcey Team take to understand your needs and goals?
These issues and more are addressed in a new document recently published by Scotia Wealth Management called The Value of Wealth Management Advice, which you can access in full by clicking on the following link: The Value of Wealth Management Advice